BUSINESSWOMAN Michelle Mone is selling her townhouse so she can buy her ex-husband out of the 'dream home' they once shared.

 

The entrepreneur and her former husband, Michael, used to live in a five-bedroom mansion in Thorntonhall, Lanarkshire, with their three children.

But after splitting, she bought a £780,700 home in Glasgow's Park Circus area which is now worth more than £1 million.

Ms Mone, who also owns a £2m flat in Mayfair, London, said she would change her old mansion to rid it of "bad memories".

She revealed her property plans as she was launching a new concession for her Ultimo brand at Debenhams in Glasgow.

She said: "I'm selling my home here in Glasgow but I also own the big house with my ex-husband.

"For two years I've been trying to buy him out of it and he only agreed just the other day - which is fantastic.

"I'm over the moon. I'll always have a base here in Glasgow but I've moved in to my London home as well. So, that means I'll have just the one home here rather than one and a half."

She said that although she has not lived in the Thorntonhall home for two years, she "loves" the property.

"I designed it, I built it, I love it," she said. "But I'm going to change it all so that it doesn't have any of the bad memories from when I lived there.

"That said, I haven't been spending a whole lot of time in the town house since I've been promoting my book in America."

On Twitter, Ms Mone wrote earlier: "Sad to be selling my stunning townhouse in Scotland.

"Brilliant news is after trying for two years I'm buying my ex out of my dream home."

The couple continued to live in the family home for some time after their acrimonious separation.

In her recently published autobiography, Ms Mone admitted she put her husband's cufflinks in the bin, let down his tyres and cut holes in his boxer shorts.

She also said that on one occasion while they were still sharing the marital home, she poured cold water on his side of the bed.

She said later: "I am sorry for that. Sorry for that woman I became. It wasn't nice at all."

After she moved into the townhouse in Park Circus, she opened the doors of the home for a photoshoot with Hello! magazine, describing the property as her "new beginning".

She later objected to Strathclyde University proposals to use a neighbouring townhouse for accommodation and functions, raising concerns about the potential for "anti-social behaviour".

She told council planning officials last year: "Having paid in the region of £1m for my home, I do not under any circumstances want the adjacent property being used by or for university students."

Ms Mone attended an event at Debenhams in Glasgow yesterday, marking the start of 40 more Ultimo concessions to be rolled out across the UK and Ireland this year.

Ms Mone added: "It's so nice to come home and have people stop you in the street for selfies.

"I love Glasgow, it's my home and where I was born."